The Transportation Industry

The Transportation Industry

3478 WordsDec 7th, 201414 Pages

INTRODUCTION
Fraud is a pervasive and omnipresent threat in the modern business environment. While the controls to help mitigate the risk have become increasingly sophisticated, so too have the methods in which employees, managers and even third parties defraud victim entities. While some industries seem more at risk than others it is important to recognize the vulnerability that is common to all of them. One industry that seems to be able to avoid the worst of fraudulent acts is the Transportation Industry. Through use of time tested control methods and avant-garde procedures to help mitigate business risk, the industry is able to consistently place ahead of others in rates of fraud occurrences.
MAIN BODY
Background
The transportation industry can be broken down into three subsections: shipping, passenger transport, and equipment manufacturing. Ground, sea, and air are all utilized in all of these subsections. There are many international companies that play roles in the industry amongst the three different subsections. The transportation industry as a whole is mainly in a steady rate of growth except during poor economic conditions (McMahon, 2014).
The shipping subsection handles a variety of goods and services to customers and is also the largest out of the three. Boats, planes, trains, and trucks can transport cargo and small orders may be carried by car or other small conveyances, but this is less common. There are a few concerns with this subsection of the industry…

Transportation implements a critical link in the world economic system. Fundamentally, all products consumed by the public originates away from its final destination and requires some type of movement. Today, freight movement is by rail, road, air, and waterways and can involve a mixture of modes. Furthermore, regional market integration into the global market is gaining strength. Freight transportation will only continue to grow in importance for direct and indirect consumers of these services…

The transportation industry has been evolving over the past 1000’s of years. Transportation industry has played a pivotal role in defining and developing business solutions, managing volatile consumer behavior and supporting the complex logistics networks Change in economic conditions has steered the evolution and growth patterns in this industry. This paper will focus on how the changing economic conditions and business environment has impacted the transportation industry. As transportation industry…

The trucking industry is very large, diverse and competitive industry. There are a various types of trucking; they range from tractor trailer, straight trucks, couriers, less than truckload and truck load. Depending on the type of service and price you want to pay you can get just about anything delivered and in the time frame you want it delivered in. There are many factors that factors that are driving the transportation industry, we are going to look at what the trend and outlook for the transportation…

measures that the operating environment is conducive to the development of a suitable transport industry. A fundamental requirement is full government commitment to the success of the transport system even if this requires difficult political decision. In this report, there are few reasons for government involvement in the transport industry with of course based on real-life examples.
TRANSPORTATION INDUSTRY OVERVIEW
Transport is that part of economic activity which concerned with increasing human…

One of the most important aspects of logistics today is intermodal transportation. If it wasn’t for inter modal transportation the world economy would come to a stand still. Intermodal transportation enables people to travel to exotic locations for vacations, and also allow people to travel for work in different areas of the world. Intermodal transportation is also the reason why food gets to the people that need it the most, in time of natural disasters and famine, and is also why our restaurants…

The transportation industry is diverse in all aspect of transportation, depending upon which mode of transportations mode of regulations that will affect the success of a company. The United States transportation regulations main focus is to protect the public, safety and impact modes of transportation that will improve or affect the environment (Coyle, Novak, Gibson, & Bardi, 2011). Transportation plays an important role in the economic infrastructure of the United States, thus having all Government…

consequences. The issue of drunkenness has been a societal issue for decades now but currently the consequences of alcohol are termed to me more as compared to the previous years (Parrillo, 46). With the technological advancement in the transport industry, most individuals utilize personal of public transport to access location. This, therefore, means that arriving at the given location safely fully depends on the capability of the driver to drive properly. Being under alcohol influence simply…

The size, scope and complexity of the aviation transportation industry is one that requires cooperation on local, state and federal levels, as well as, international agreements of cooperation in its ability to monitor, gather information, investigate, defend and recover from attacks against the industry. Elias (2010) states that the roles for which each entity is responsible is guided by specific authorities, existing laws and regulations and the availability of assets and capabilities. Prior to…

Transportation management involves transit managers who coordinate and oversee the activities of others to accomplish organizational goals by utilizing the available resources. Managers play an important role in helping others work efficiently and effectively. In order to become a manager, certain skills are needed to work corporately with others and also independently. Transportation management is crucial to the transportation industry because without effective leaders, there would be inefficiency…

The transportation and logistics industry is one of the key components of modern life. It provides the framework through which every raw material and finished consumer good is moved through the supply chain into the hands of consumers. This industry is generally taken for granted by consumers. When consumers do think about the industry it is thought of in terms of unchanging and stagnate transportation modes. This vision of the industry is not an accurate reflection of the reality of modern transportation…